Walgreens CEO Rosalind Brewer is leaving the pharmacy giant after 2.5 years
Rosalind Brewer is stepping down from her post as Walgreens CEO after less than three years in the top job, the company said on Friday.
Brewer joined the pharmacy giant in March 2021 after serving as Starbucks’ chief operating officer. She succeeded longtime CEO Stefano Pessina, who currently serves as Walgreens’ executive chairman. As part of the departure, Brewer is also stepping down from Walgreens’ board and will get $9 million in cash severance. It’s a short tenure for an executive who oversaw the retail pharmacy’s Covid-19 vaccine rollout and was tasked with keeping the business competitive with pharmacy rivals like CVS Health and Walmart.
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